Quarterly report pursuant to Section 13 or 15(d)

Employee Benefits and Compensation Plans (Tables)

v3.22.2
Employee Benefits and Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of summary of restricted share unit activity

Number of

Weighted-

Number of

Weighted-

Number of

Weighted-

Time-Based

Average Grant

Performance-

Average Grant

Market-

Average Grant 

    

Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

    

Based Awards

    

Date Fair Value

Non-vested as of January 1, 2022

 

7,771,623

$

27.02

 

1,841,113

$

35.68

 

50,000

$

59.43

Granted

 

4,890,659

18.56

1,857,750

18.48

 

Vested

 

(2,553,746)

36.06

(186,339)

55.27

 

Forfeited or expired

 

(175,506)

22.96

(292,043)

35.59

 

Non-vested as of June 30, 2022

 

9,933,030

20.61

 

3,220,481

24.63

 

50,000

59.43

Schedule of compensation expense recognized for share-based compensation

The compensation expense recognized for share-based compensation for the periods presented include the following (in thousands):

Three Months Ended

Six Months Ended

June 30, 

June 30, 

    

2022

    

2021

    

2022

    

2021

Payroll and related expense

$

5,732

$

4,735

$

11,936

$

9,700

Marketing, general and administrative expense

 

24,316

 

17,716

 

50,904

 

39,352

Total share-based compensation expense

$

30,048

$

22,451

$

62,840

$

49,052